OREANDA-NEWS Deputy Head of Russian Ministry of Industry and Trade Viktor Yevtukhov said that Swedish-Dutch company IKEA and Spanish Inditex are looking to reopen stores in Russia after adjusting supply logistics to ensure a full range of products, TASS reported.

According to the representative of the ministry, when IKEA "will find a way out, it will reopen," as the company built its own stores and will not abandon them. Yevtukhov said that IKEA has "a very good Russian market" and has production facilities in Russia.

Also Inditex, which manages the brands Massimo Dutti, Zara, Pull & Bear, Oysho, Bershka and others, believes that "the Russian market is important."

Yevtukhov said that foreign companies in the part overseen by the Ministry of Industry and Trade, which temporarily suspended operations in Russia, said that the temporary suspension was due to logistical difficulties, not the special operation in Ukraine, and did not want to withdraw completely from the large Russian market.

IKEA announced the suspension of work in Russia on March 3. The company explained that the events in Ukraine led to failures in the supply chain.